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Jun 17, 2013
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. >> a sog you're to have a rational and positive immigration program will choke this economy. it's not a good idea. >> it will be good for every worker here. every day we wait is a day we've lost. >> how about that? youhen the is the last time saw those two on the same page? >> i think it was the united way mable for the nationals redskins parade and that's it. >> quite bluntly to put it in political terms. the senator from arizona says this makes it difficult for republicans to compete nationwide and state by state. it's tough to compete for people's votes on any issue when they believe you don't like them and that's where the republicans are right now. and john boehner has a real problem because you saw what they did last week. with steve cain in the lead from iowa they repealed the dream act which is enormously popular and hurt republicans in the 2012 election and i don't think it argues well for the immigration in the house. >> you don't think this thing is going to make it? >> right now i think what boehner wants to do is get the house judiciary committee to break it up b
. >> a sog you're to have a rational and positive immigration program will choke this economy. it's not a good idea. >> it will be good for every worker here. every day we wait is a day we've lost. >> how about that? youhen the is the last time saw those two on the same page? >> i think it was the united way mable for the nationals redskins parade and that's it. >> quite bluntly to put it in political terms. the senator from arizona says this makes it difficult for...
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Jun 18, 2013
06/13
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jobs in the economy. we know that it has been given how close e last few years. one company has been given 800 new jobs just this honor. i am wondering the same thing. how is this? let me welcome the c of firehouse. bob, you have cations in 35 states. but still, 800just this summer is a lot 2400 workers in 2013 hae said that you have done a lot of expanding even though the economy has not grown up fast. >> yes, americans have an insatiable appetite for great food. while the restaurant business is very competitive, they ar continuing to grow in this environment. we have the second highest birthrate nce lst year and we -lways hoped to do one better than that. melissa: ii'm sure that's rigt, given the climate and everything that employers are facing. wamart recently said that they are only hiring temporary workers at many of their u.s. stores for number of reasons. honestly they nt to be more flexible in the have to deal with benefits. we think of tir decion and w does that compare with what you are doing? >> i really can'speak for them. in our industry, we will con
jobs in the economy. we know that it has been given how close e last few years. one company has been given 800 new jobs just this honor. i am wondering the same thing. how is this? let me welcome the c of firehouse. bob, you have cations in 35 states. but still, 800just this summer is a lot 2400 workers in 2013 hae said that you have done a lot of expanding even though the economy has not grown up fast. >> yes, americans have an insatiable appetite for great food. while the restaurant...
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Jun 23, 2013
06/13
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to grow our economy. the arrogance we are seeing in the same arrogance that has left our economy plodding along. after four years of watching -- washington knows best, our economy is recovering at the slowest rate since world war ii. the growth numbers barely move. unemployment stays about the same. we are told not to read much into it. experts call this condition the new normal. some even argue it is good nough for now. it is not good enough for me. i know it is not good enough for you either. how can any of us stay on top with groups that nearly cap 12 million americans out of work and threaten our children's future? we should be doing much better. we are not a people who hobble along hoping some day some where down the line things are going to get better. we are a people who chart our own course, who take matters into our own hands. that is why i'm here today. people in this room represent so much of our nations economic success, and our potential for the future. manufacturing represents where things a
to grow our economy. the arrogance we are seeing in the same arrogance that has left our economy plodding along. after four years of watching -- washington knows best, our economy is recovering at the slowest rate since world war ii. the growth numbers barely move. unemployment stays about the same. we are told not to read much into it. experts call this condition the new normal. some even argue it is good nough for now. it is not good enough for me. i know it is not good enough for you either....
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Jun 23, 2013
06/13
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our purchases are tied to what happens to the economy. if the federal reserve makes the same error and we overestimate what is happening, our policies will adjust to that. we have no deterministic or fixed plan. rather, our policies are going to depend on this scenario to be true. if it does not come true, we ill adjust our policies. >> thank you, mr. chairman. financial conditions have tightened in the past few weeks. bond yields have gone up and gone up again today. why do you think that is? why don't you talk a little about whether that rise in longer-term interest rates could affect your economic outlook? particularly given that mortgage rates are now above 4%. >> good question. yes, we have come up some. that is in part due to more optimism, i think, about the economy. it is in part due to perceptions of the federal reserve. the forecast, the projections that are -- that our participants submitted to the meeting, were done in the last few days. they were done with full knowledge of what happened with financial conditions. rates have
our purchases are tied to what happens to the economy. if the federal reserve makes the same error and we overestimate what is happening, our policies will adjust to that. we have no deterministic or fixed plan. rather, our policies are going to depend on this scenario to be true. if it does not come true, we ill adjust our policies. >> thank you, mr. chairman. financial conditions have tightened in the past few weeks. bond yields have gone up and gone up again today. why do you think...
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Jun 22, 2013
06/13
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tough economy, we're talking about jobs in the state here. you're talking about somebody who molloy has made clear he might have his eye on the national stage a little bit. he has to get by in 2014. how does this issue affect him with perry coming in and maybe losing gun jobs a little bit. >> it's a choice he's going to have to make. between jobs and votes, really. when it comes down to it. i think he wins on the vote side. the national attention on this issue and at least in the northeast, perry will be vilified. i would love to see him meet up with chris christie. >> nobody is going to say that this year. >> it's a delicate balance that he's going to have to walk. i'm sure the nra is going to be going after him should some of these manufacturers leave. so, it's clearly an important calculation for perry to strengthen his national credential. ultimately i think molloy will be fine because he'll be fine on this issue and he'll bet support from around the country. >> i wonder how the et voers in connecticut would feel about it because the econ
tough economy, we're talking about jobs in the state here. you're talking about somebody who molloy has made clear he might have his eye on the national stage a little bit. he has to get by in 2014. how does this issue affect him with perry coming in and maybe losing gun jobs a little bit. >> it's a choice he's going to have to make. between jobs and votes, really. when it comes down to it. i think he wins on the vote side. the national attention on this issue and at least in the...
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Jun 21, 2013
06/13
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it is not anything that's actually happening in the real economy. there has been -- we've had a little bit of disappointing news from china, for example. that's a minor factor. the big thing is investor psychology. people are just worried that the stock market can't stand on its own. i think it's important today, we've seen stocks sort of stabilize. that will make people feel better. it's quite possible -- you know, there are a lot of people sitting there with money on the sidelines saying i'm pretty optimistic about the economy. i'm just waiting for prices to call so i can buy the dip, as they say. we may see a little be the of that. what we are going to see this summer is a lot of choppiness, a lot of volatility. if you think the economy is getting better and will continue to get better, this is really nothing to worry about. >> so rick, back to those interest rates. should rates, in your opinion, have been that low in the first place? >> well, there's no doubt they were artificially low. there was no normal reason that interest rates would be as
it is not anything that's actually happening in the real economy. there has been -- we've had a little bit of disappointing news from china, for example. that's a minor factor. the big thing is investor psychology. people are just worried that the stock market can't stand on its own. i think it's important today, we've seen stocks sort of stabilize. that will make people feel better. it's quite possible -- you know, there are a lot of people sitting there with money on the sidelines saying i'm...
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Jun 20, 2013
06/13
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that the economy is stronger. and that it is a lack of confidence in the economy's ability a to stand on its two feet without all of this liquidity. >> and do you think this is old-fashioned profit taking? we've had good gains for 2013. we've had good gains for last four years. is it time to take something off the table for that reason. >> think i so. and a couple dayes with twloost days of run up with the announcement yesterday was short-covering. so i think you have people on the shore wagon as well. i think it is a combination of profits and the move down today. >> have you a triple witch tomorrow right? expiration coming tomorrow. how does that impact things? >> i think that exaggerates the moods. usually you see a lot of activity and volume and movement. and what we have seen the last few days is a heavy down days. i think the on coming combination exaggerate the move and puts pressure in that direction of the movement in this case down and exaggerate this move. not quite a bit but, significantly amount today
that the economy is stronger. and that it is a lack of confidence in the economy's ability a to stand on its two feet without all of this liquidity. >> and do you think this is old-fashioned profit taking? we've had good gains for 2013. we've had good gains for last four years. is it time to take something off the table for that reason. >> think i so. and a couple dayes with twloost days of run up with the announcement yesterday was short-covering. so i think you have people on the...
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Jun 20, 2013
06/13
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when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help farmers and families. there's a business case for continuing these programs. the biggest recipients of the money. it's all cycled back into the economy. >> no one's saving -- companies like kraft that make the boxed food that's inexpensive to buy, companies like walmart, supermarkets, all plow in the money from these food stamp programs. we also had this interconnectedness of our safety net programs that's going to make this a double problem. feeding america that operates lots of food banks around the country sent out an alert saying, you have kids who get free and reduced lunch be
when the economy's bad it increases, when the economy's good, it goes down. the reason we don't have mass starvation is this program is helping tens of millions of american families survive. the facts are, before the 1970s, when we did have the program, we had third world style malnutrition. these programs almost entirely ended hunger in the 1970s. >> that used to be a bipartisan understanding. bob doll is one of the founding fathers of this program. and it used to be a way to help...
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Jun 21, 2013
06/13
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economies. and the flows, the annual and seasonal flows of people back and forth across the border, the links people have across the border. and it would take that into account in, you know, a realistic sort of real-world way. and we're expecting real world out of the you see congress? you're not going to get it. >> real world out of the senate, saying nothing of the house, where the raoul labrador, i believe, mocked the fear of a large senate passing, 70-vote passage of immigration reform saying, ooh, i'm scared. that is not a good sign. this is one of the guys working on the house bill. >> absolutely. you know, i mean, there is big problems getting anything passed the house, talking about this in terms of the farm bill and holds for immigration as well. we also do need to think about priorities here. it's good to have the immigration laws enforced. but it's already more than the whole rest of federal law enforcement combined. and that's the thing to think about. we have organized crime element
economies. and the flows, the annual and seasonal flows of people back and forth across the border, the links people have across the border. and it would take that into account in, you know, a realistic sort of real-world way. and we're expecting real world out of the you see congress? you're not going to get it. >> real world out of the senate, saying nothing of the house, where the raoul labrador, i believe, mocked the fear of a large senate passing, 70-vote passage of immigration...
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Jun 20, 2013
06/13
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immigrants grow the economy, they increase innovation. also people tend to imgrace at a time when they're at working age so you get a big fiscal benefit because they work for decades before they start collecting old age benefits. all we're left to fight about is do we want america to be a country that's more diverse, less white, and has more people who are foreign born? >> so it's not an economic argument you believe. it's actually a cultural one. >> yeah, and i think also you have a lot of fear among republicans. they think probably accurately that imgrarcht populations are going to be less receptive to the republican party than native-born americans. that's already true in the electorate today. and so i think they have cross pressures. they're being told by elite forces in the republican party you have to do this because it's essential to rebuilding the i am imagine of the party. but they're getting pressure from the conservative base that doesn't want this and they're saying these are people that are not voting for me. why am i voting
immigrants grow the economy, they increase innovation. also people tend to imgrace at a time when they're at working age so you get a big fiscal benefit because they work for decades before they start collecting old age benefits. all we're left to fight about is do we want america to be a country that's more diverse, less white, and has more people who are foreign born? >> so it's not an economic argument you believe. it's actually a cultural one. >> yeah, and i think also you have...
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Jun 20, 2013
06/13
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i want comes on the heels of cbo report that immigration would be beneficial for the economy. the idea here is all right if this is going to be beneficial to the economy overall, why don't we find some funds within the budget which can to be done when they really want to do it. it's a dirty secret here on capitol hill. why not find the funds to double the border patrol, get the 700 miles of fencing and in order to get that pathway to citizenship. folks are sort of saying that apieces both sides and honestly at the end of the day the political players in the gop that need though to happen who want to see their future election prospects more bountiful, they are pulling the strings a little bit on this as well. >> what's been the post-results of speaker boehner meeting with the hispanic caucus yesterday? >> from talking to folks they said it was productive, he heard them out and he understands the issue. boehner has been around here since 1990. he was involved in this to some degree when it was trying to be done in the bush administration back in '07. john boehner's real problem
i want comes on the heels of cbo report that immigration would be beneficial for the economy. the idea here is all right if this is going to be beneficial to the economy overall, why don't we find some funds within the budget which can to be done when they really want to do it. it's a dirty secret here on capitol hill. why not find the funds to double the border patrol, get the 700 miles of fencing and in order to get that pathway to citizenship. folks are sort of saying that apieces both sides...
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Jun 21, 2013
06/13
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what is the political economy that makes that happen? >> people are not asking for casinos, but they are asking for better schools, new roads, they are asking for tuition assistance and stuff that costs money. they are also saying don't you raise my taxes by one penny or we'll throw you out of office. they say, okay, we'll just do a selective, very regressive tax on a handful of mostly desperate people and we'll just sort of take the money out of them and we have the help of an industry that will make it seem glamorous like it's a dream world. what happens in vegas stays there. you can do all kinds of fun stuff. >> one of the pioneers of this was in the american indian foxwood casinos in connecticut. built on tribal land. it was a little different than putting one in queens. but that produced just a tremendous amount of revenue. that was real money that flowed into the state that really did pay for a lot of stuff. >> but connecticut is one of the worst managed states. they are bordering on bankruptcy in connecticut. it goes back to a fai
what is the political economy that makes that happen? >> people are not asking for casinos, but they are asking for better schools, new roads, they are asking for tuition assistance and stuff that costs money. they are also saying don't you raise my taxes by one penny or we'll throw you out of office. they say, okay, we'll just do a selective, very regressive tax on a handful of mostly desperate people and we'll just sort of take the money out of them and we have the help of an industry...
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Jun 16, 2013
06/13
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do you believe immigration enriches our economy and pat ramone or not? are you trying to get in "time" magazine, like chuck schumer, this week is the master deal-maker. do you sell out the public policy interest to the country? >> the real practical question, we have been talking about immigration reform now for so long. we have seen it die in congress before. we watched it die six or seven years ago. roberto, to hear you talk about all the imperfections of this bill, they are glaring, absolutely. i mean, we call these things compromise. part of compromise, there are awful things that get in these bills. i wonder at this point, is it something you would say, sink this bill over, for instance, the -- not the cornyn amendment but -- like rubio -- >> the overall legislation, as rick said, is very represses ive in its essence. the gang of eight, bipartisan consensus, will do nothing, absolutely nothing, to ameliorate the worst parts of immigration policy as far as persecuting, prosecuting, jailing, deporting, rating, terrorizing, killing immigrants. nothing
do you believe immigration enriches our economy and pat ramone or not? are you trying to get in "time" magazine, like chuck schumer, this week is the master deal-maker. do you sell out the public policy interest to the country? >> the real practical question, we have been talking about immigration reform now for so long. we have seen it die in congress before. we watched it die six or seven years ago. roberto, to hear you talk about all the imperfections of this bill, they are...
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Jun 22, 2013
06/13
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also that a path to citizenship will boost the economy and strengthen social security. my point being is, many of these arguments have been undermined. at the same time, there seems to be a strain within the republican party that doesn't really care about the sort of national picture and the importance of the latino vote, potentially. >> well, that is true. it depends on where you are. that's why we have 435 voting districts that you, that people have to represent their people. congresswoman sanchez's district is slightly different than king's district in iowa, to be ironic about it. so, but, the question really is, how many of the, not putting aside the stridency for a moment, how many votes will the, the extreme anti-immigration group carry? i mean, i don't know anybody. i've been up here a long time, i don't know anybody that sits around waiting around to see what steve king is going to do before they decide. this is a complicated issue and, you know, it wouldn't surprise me if this thing sort of dragged along until next march or april. congresswoman, sanchez, when t
also that a path to citizenship will boost the economy and strengthen social security. my point being is, many of these arguments have been undermined. at the same time, there seems to be a strain within the republican party that doesn't really care about the sort of national picture and the importance of the latino vote, potentially. >> well, that is true. it depends on where you are. that's why we have 435 voting districts that you, that people have to represent their people....
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Jun 18, 2013
06/13
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and the economy is headed up. people would have said well cause and effect they slash taxes for the wealthy again, slash regulations, slashed programs for the poor. got rid of that jimmy carter barack obama fluke, and look the economy is up. this was a critically important election. i have covered nine of them mostly for news week magazine. this one was the most important election because if the ion ayam rand loving paul ryan would have been elected it was on the line. >> michael: and not the least of which was once again another contest was decided by a bartender. jonathan alter, the book is called "the center holds obama and his enemies." we thank you for being with us. >> it was fun. >> michael: coming up we go into the againeticly modified food debate. a discussion that will make you run into the backyard to start your own garden i promise. >> michael: last month an oregon farmer sound a mysterious type of genetically modified wheat in his field. it was developed by monsanto to resist the herbicide round up. g
and the economy is headed up. people would have said well cause and effect they slash taxes for the wealthy again, slash regulations, slashed programs for the poor. got rid of that jimmy carter barack obama fluke, and look the economy is up. this was a critically important election. i have covered nine of them mostly for news week magazine. this one was the most important election because if the ion ayam rand loving paul ryan would have been elected it was on the line. >> michael: and not...
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Jun 23, 2013
06/13
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the impact on the economy and younger people. "on the money" begins right now. >>> here's a look at what's making news as we head into a new week "on the money." ben bernanke spoke and the economy had a taper tantrum. he said the economy is getting stronger and if the strong reports continue, the fed will slow down the pace of the bond-buying programs that helps to keep interest rates low this fall. bernanke also said quantitative easing could end by the middle of next year. >> if the incoming data are broadly consistent with this forecast, the committee currently anticipates that it would be appropriate to moderate the monthly pace of purchases later this year, and if the subsequent data remain broadly aligned with our current expectations for the economy, we would continue to reduce the pace of purchases in measured steps through the first half of next year, ending purchases around midyear. >> well, those words spooked the markets. the dow jones industrials average tumbled 350 points on thursday, the worst day since the preside
the impact on the economy and younger people. "on the money" begins right now. >>> here's a look at what's making news as we head into a new week "on the money." ben bernanke spoke and the economy had a taper tantrum. he said the economy is getting stronger and if the strong reports continue, the fed will slow down the pace of the bond-buying programs that helps to keep interest rates low this fall. bernanke also said quantitative easing could end by the middle of...
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Jun 22, 2013
06/13
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the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most economists -- ic issuebated economy among economists. you can imagine what site i am on. i am not in favor of tax hikes because it kills the timing. christina romer said that is true. the endgame said -- the end game is not going to be pretty. host: an editorial cartoon shows fed chairman ben bernanke pulling the rug on quantitative easing.stephen idaho falls, idaho. falls, idaho.aho good morning. caller: good morning. i was wondering if printing dollars is a flat tax that president obama and his administration could not possibly pass otherw
the economy has to grow on its own volition. you cannot have this artificially-induced said said -- fed stimulus. itke any drug, it wears off. may have already started. it is not as effective, so we might see some corrections in the market going forward. the fed might come out like bullard came out and said, -- and say, he is only kidding. he is not kidding.the markets are already moving against it. we will see how far it goes. right now, raising taxes is a hotly-debated economic issue. most...
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Jun 20, 2013
06/13
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, and what he said yesterday, perhaps what he didn't say, is that when the economy improves they'll be stepping away from that program. what we're seeing today is when you go off drugs, withdrawal is hard and these are the first stages of withdrawal. but they're not off the drugs completely and they won't be for a while. the other fear, tamron, is where is ben bernanke going and who will be his successor? everyone is expecting he will be stepping down in january. there's been so much money involved. how will it look when the government starts to unwind from its position in the u.s. markets and who will be the person that will be doing that? there are a lot of questions right now. >> it looks like the dow is on its way to having its worst day since april 15th. thank you, kayla. >>> dramatic day in boston where helicopters have been following nfl star aaron hernandez' every move. he's been questioned in connection with a homicide. police have not made him a suspect, we want to stress that, and no arrests have been made right now. the new england patriots' tight end spent part of the day
, and what he said yesterday, perhaps what he didn't say, is that when the economy improves they'll be stepping away from that program. what we're seeing today is when you go off drugs, withdrawal is hard and these are the first stages of withdrawal. but they're not off the drugs completely and they won't be for a while. the other fear, tamron, is where is ben bernanke going and who will be his successor? everyone is expecting he will be stepping down in january. there's been so much money...
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Jun 21, 2013
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and it comes back to the economy. and if the sequester cuts are not done effectively and accurately, it's going to affect us on the streets where main street lives. >> so this may be an area where republicans and democrats, mayors from across the country will agree this weekend, but what can you all do about it? i mean, what kind of influence can you have? what can you accomplish with this meeting? >> well, i think congress listens to what mayors have to say, but, you know, congress is not necessarily a functional legislative body to begin with. so sometimes on some issues, i'm not sure our voices is as loud as it could be or received as loudly as it should be. but, you know, people live in cities. and i think they look at city government right now as being stronger and stronger and a more vital part of our economy than ever before. cities are where the jobs are being created. it's where the growth in our national economy is going to have to take place in we are going to continue to build this country. >> and finally,
and it comes back to the economy. and if the sequester cuts are not done effectively and accurately, it's going to affect us on the streets where main street lives. >> so this may be an area where republicans and democrats, mayors from across the country will agree this weekend, but what can you all do about it? i mean, what kind of influence can you have? what can you accomplish with this meeting? >> well, i think congress listens to what mayors have to say, but, you know, congress...
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Jun 19, 2013
06/13
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. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> by bp. >> and by at&t. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by contributions to your pbs station from viewers like you. thank you. >> ifill: it could be a breakthrough moment in the longest conflict in american history. u.s. and afghan peace negotiators are going to sit down with the militants who've been battling american troops since 2001. after 12 years of war, senior u.s. officials now say direct talks with the taliban are scheduled to begin within the next few days. the news came as president obama wound up a meeting with french with the at the g8 summit in northern ireland. the president said that the taliban must come prepared to make concessions. >> including the taliban is going to need to
. >> major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. >> by bp. >> and by at&t. >> and the william and flora hewlett foundation, working to solve social and environmental problems at home and around the world. >> and with the ongoing support of these institutions and foundations. and... >> this program was made possible by the corporation for public broadcasting. and by...
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Jun 19, 2013
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it debunks the idea that immigration reform is anything other than a boon to our economy and robs the bill's opponents of one of their last remaining arguments. >>> all right, let's dig down on this and joining me now for more is mark murray. mark, it's good to have you here. we know from the lead figure on the immigration gang of eight has been senator marco rubio, however he's been saying recently the bill needs stronger border security measures. other republicans like senator john cornyn of texas want things like a 100% situational awareness, 90% apprehension on the border. as we look at what senator rubio's motives are now, is he undermining the hard work of the immigration eight by entertaining these amendments or is this just politics as usual? >> thomas, i think it's actually more trying from marco rubio's perspective to strengthen the bill to get more republican support. the gang of eight is still together. i mean, there are sometimes it's been reported there's been a little of annoyance about some of the requests that senator marco rubio has made to have more security but it'
it debunks the idea that immigration reform is anything other than a boon to our economy and robs the bill's opponents of one of their last remaining arguments. >>> all right, let's dig down on this and joining me now for more is mark murray. mark, it's good to have you here. we know from the lead figure on the immigration gang of eight has been senator marco rubio, however he's been saying recently the bill needs stronger border security measures. other republicans like senator john...
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Jun 21, 2013
06/13
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that really are the game changers in our economy. >> there's talk about a potential scott smith 2014 win for governor. national audience, if you want to make an announcement, we'll give you the platform. >> i will make a firm announcement that i'll make an announcement sometime in the future. i'll do the best i can as president of the united states conference of mayors. >> we got you to announce that you will be announcing something at some point. we'll call that a win today. >> thank you, peter, and come back for spring training. >> appreciate it. >>> opening bell all set to ring on wall street. we got to talk about some other things and the markets are one of them. the markets looking to recover after two days of heavy sell-off. the dow lost more than 400 points in 4 hours following bernanke's comments on quantitative easing. it should be relatively quiet for economic news in the u.s. no major data is due for release today. at any moment, we could get a key ruling in the trial of george zimmerman. the judge is expected to rule whether the jury can hear expert's testimony about whos
that really are the game changers in our economy. >> there's talk about a potential scott smith 2014 win for governor. national audience, if you want to make an announcement, we'll give you the platform. >> i will make a firm announcement that i'll make an announcement sometime in the future. i'll do the best i can as president of the united states conference of mayors. >> we got you to announce that you will be announcing something at some point. we'll call that a win today....
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Jun 21, 2013
06/13
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CSPAN
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this economy the new normal? caller: it looks like it with everything the way is going on -- with everything that is going on. my situation iis ok. i have family and friends that have been laid off and trying to find jobs and we all are trying to help a couple of family members out. host: where are you from? caller: i am calling from north llc -- from north tennessee. our next call, good morning. love c-span and "washington journal." basically this whole concept of ," -- a lot of us forget history. the way i view things is since world war two there has been this big exhalation of government programs. -- escalation of government programs. over decades they have made these promises and it is starting to encroach in the private sector. the private sector is what creates jobs, not the government. think that as an important concept here. it is kind of a big escalation in government and it is starting to infringe on the private sector. host: if you are listening on c- span radio, coast-to-coast on x m at channel -- on
this economy the new normal? caller: it looks like it with everything the way is going on -- with everything that is going on. my situation iis ok. i have family and friends that have been laid off and trying to find jobs and we all are trying to help a couple of family members out. host: where are you from? caller: i am calling from north llc -- from north tennessee. our next call, good morning. love c-span and "washington journal." basically this whole concept of ," -- a lot of...
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Jun 16, 2013
06/13
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they're not supporting their kids, and making it all about moral failings rather than an economy that doesn't have as much use for white men without a college degree. >> it's structural. it's not on an individual basis. the structures are in place not allowing men to get jobs where they can sustain their families. >> and also, the broader picture is a warning. >> all of you would make the case that this economic recovery that we're having is really favoring women, although we have a pay inequity issue that needs to be addressed in this country. that's what i'm hearing. >> it is. but wages aren't rising fast enough for anybody. labor, male or female, is not sharing in the gains of this alleged recovery. >> let's not forget, we are actually rewarding corporations with tax breaks for shipping jobs overseas still, and that's got to like stop. >> what about student loan rates? i mean, coming up the first part of august, we're going to see the interest rate go to an astronomical of over 6% when banks, of course, get it for half a percent from the fed. there is a terrible inequity there. are
they're not supporting their kids, and making it all about moral failings rather than an economy that doesn't have as much use for white men without a college degree. >> it's structural. it's not on an individual basis. the structures are in place not allowing men to get jobs where they can sustain their families. >> and also, the broader picture is a warning. >> all of you would make the case that this economic recovery that we're having is really favoring women, although we...
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Jun 20, 2013
06/13
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saying the plan will improve the economy. the good question this morning is what's stopping lawmakers in the house from passing bipartisan reform? we want to bring in our gaggle now. liz from the associated press. aei visiting fellow, from the national review, bloomberg views. and democratic strategist chris is here as well. let's start with immigration if we can very quickly. i want to get a sense from you off the bat. was it the -- >> i think there's no question that supporters are using it is cbo score to say this is a fiscally responsible piece legislation. the opponents are saying cbo says this is only a 25% reduction in illegal immigration. wasn't getting control of the borders the whole point of the exercise? >> is this getting enough votes and putting enough pressure on john boehner? what decision does he make? >> i'm not sure anyone has an answer. including john boehner. he's got a major problem in his caucus. this has been the narrative going on for years. the decision between those who realize that both politically
saying the plan will improve the economy. the good question this morning is what's stopping lawmakers in the house from passing bipartisan reform? we want to bring in our gaggle now. liz from the associated press. aei visiting fellow, from the national review, bloomberg views. and democratic strategist chris is here as well. let's start with immigration if we can very quickly. i want to get a sense from you off the bat. was it the -- >> i think there's no question that supporters are...
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Jun 22, 2013
06/13
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a plan to create jobs, grow the economy, and strengthen the middle class as we reduce the deficit. let us act now to put people to work. i will say it over and over. let's end the assault on women's health and work together to make real progress for the american people i urge my colleagues to vote no. >> the gentlelady from california reserves. he gentlelady from tennessee is recognized. we found out from delaware to virginia, west virginia. the house of horrors goes on and on. at this point, i would like to yield three minutes to a member of our house republican leadership team, the gentlewoman from missouri. >> the gentlelady from missouri is recognized for three minutes. >> i thank the gentle lady from tennessee for advancing this legislation. i rise today and support of life, liberty, and the pursuit of happiness. life begins at conception. throughout the years, science, technology have evolved in continue to advance, we are changing hearts and minds. we have more and more evidence that life does indeed begin at conception. we know that after three weeks, the baby has a heartbe
a plan to create jobs, grow the economy, and strengthen the middle class as we reduce the deficit. let us act now to put people to work. i will say it over and over. let's end the assault on women's health and work together to make real progress for the american people i urge my colleagues to vote no. >> the gentlelady from california reserves. he gentlelady from tennessee is recognized. we found out from delaware to virginia, west virginia. the house of horrors goes on and on. at this...
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Jun 22, 2013
06/13
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KQED
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the economy is in far more stable and a much better place than it was before. but what's happened now over the last two or three years is that we've seen a sharp slowdown in growth and an uptick in inflation. and i think those two things combined have fed through into frustration, a broader frustration that people have learned and have appreciated and have come to understand the benefits of having an economic stability. they see where the country should be going and they have had a taste for a bit of equality, a bit more of an improvement in quality of life and now they're concerned that they're going away. that that is slipping out of their hands. >> warner: and why has the hosting of the world cup, what, a year from now, and the olympics become such a sort of rallying cry of this protest? >> well, i think we have to remember that these protests have by coincidence come at the same time as a warmup tournament for next year's world cup. it's called the confederations cup. these enormous stadiums that were built to host these events are being used for the very f
the economy is in far more stable and a much better place than it was before. but what's happened now over the last two or three years is that we've seen a sharp slowdown in growth and an uptick in inflation. and i think those two things combined have fed through into frustration, a broader frustration that people have learned and have appreciated and have come to understand the benefits of having an economic stability. they see where the country should be going and they have had a taste for a...
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Jun 23, 2013
06/13
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KGO
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we're talking about the economy. look at the economy, look at the potential there. look at the squandered opportunities we have had. we go back to congress did this or didn't do that. if we had an aggressive energy strategy, if we had a way to lift people out of where they are right now. when you see middle income people lost $5,000 a year, why is that? we are so blessed for so long, the only thing missing right now is strong leadership in establishing -- >> what would an aggressive energy strategy mean? the president is going to make a major announcement this week on climate change and energy. i want to know what that would be. >> i don't think that the president needs to make a statement on green energy. with the list of priorities of what's going on, if this is the initiative, i think there's a lot more things on the plate. to me, it's a pivot away from what's causing the distrust of this government. any relationship you have, whether it's you and i, you and your wife, any of us in a business relationship, when we lose trust in the person, then we don't have fait
we're talking about the economy. look at the economy, look at the potential there. look at the squandered opportunities we have had. we go back to congress did this or didn't do that. if we had an aggressive energy strategy, if we had a way to lift people out of where they are right now. when you see middle income people lost $5,000 a year, why is that? we are so blessed for so long, the only thing missing right now is strong leadership in establishing -- >> what would an aggressive...
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Jun 22, 2013
06/13
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that's the economy we live in. these people are forced out of being able to participate, because you'll pay this for your lifetime. when you think about the cost of the loan, what you lose in retirementings and savings and building up your equity, we're going to wipe out generations. we have to talk about social security too. >> we'll come back on this issue. and not only do you have the payday loan and the student loan, which apparently is going to go until you are 79 years old, but also, that mortgage crunch that you're in, wait until you hear these confessions from the bank employees, deliberately lying to you about that. ♪ i'm in my work van, having lunch, next minute i'm in the back of an ambulance having a heart attack. the emts gave me bayer aspirin. it helped save my life. i was in shape, fit. i did not see it coming. my doctor recommends i take bayer aspirin to help prevent another heart attack. [ male announcer ] aspirin is not appropriate for everyone so be sure to talk to your doctor before you begin
that's the economy we live in. these people are forced out of being able to participate, because you'll pay this for your lifetime. when you think about the cost of the loan, what you lose in retirementings and savings and building up your equity, we're going to wipe out generations. we have to talk about social security too. >> we'll come back on this issue. and not only do you have the payday loan and the student loan, which apparently is going to go until you are 79 years old, but...
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Jun 22, 2013
06/13
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does the economy recover painfully slowly? yesterday john taylor at stanford has an interesting study. this is the worst recovery from a financially related recession in the history of the united states. generally, the markets are slow to recover. this is far worse. this involves the entire economy. it was not in the financial collapse. ,ost: in the financial times have a headline, fed signals sent investors running for cover. he delivered the clearest signal yet that the u.s. central bank was preparing to scale back or tapir its monthly asset purchases as long as u.s. economic conditions improve as expected. he commented at a news conference on thursday. was speedy and brutal. from georgeers mason university is here to talk to us about that. our next call is charles on our line for democrats. caller: it is nice to be able to speak this morning in reference to the economy. my issue is simply this. we have an economy with the laws are not enforced. the big bank ceo's have gotten away with murder and wrecked in this country. not
does the economy recover painfully slowly? yesterday john taylor at stanford has an interesting study. this is the worst recovery from a financially related recession in the history of the united states. generally, the markets are slow to recover. this is far worse. this involves the entire economy. it was not in the financial collapse. ,ost: in the financial times have a headline, fed signals sent investors running for cover. he delivered the clearest signal yet that the u.s. central bank was...
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Jun 21, 2013
06/13
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CNBC
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economy. >> yeah. >> and the more we can give more of the free markets the choices within there, i think the better off the economy's going to be and the markets will reflect that, as well. >> well, in terms of the continuation, i mean, do you think that money continues coming out of bonds? what's your take in terms of that great rotation? will we see some of the money coming out of the bond market moving into stocks? >> i think that you will. i think, you know -- you know, the reason people are in bonds is for safety. and with this, with the rates where they're at, that's not a safe place to be. so, you know, i feel maybe short-duration bonds, if you're really afraid of, you know, as the surrogate to cash. but we would be overweighting equities right now rather than being in bonds. i think bonds, there's only one place to go, hopefully, here, because as the economy improves, you know, yields -- rates have to go up. >> rates have to go up, but are there groups that are going to benefit from ra
economy. >> yeah. >> and the more we can give more of the free markets the choices within there, i think the better off the economy's going to be and the markets will reflect that, as well. >> well, in terms of the continuation, i mean, do you think that money continues coming out of bonds? what's your take in terms of that great rotation? will we see some of the money coming out of the bond market moving into stocks? >> i think that you will. i think, you know -- you...
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Jun 21, 2013
06/13
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KTVU
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economy is doing better. taking a live look at the big board, the dow is back in positive territory. right now it's up 74. the nasdaq is down 6 and s&p up 7. >>> a breakthrough on immigration reform means a vote could be just three days away. as kyla campbell reports from our washington, d.c. bureau, senate democrats are offering republicans what they've been asking for including beefed-up border security. >> reporter: harry reid believes this border surge will be strong enough to win over republicans in the house. he wants the senators to vote on monday but not everyone is on board. >> we finished here late last night. we had a lot of issues that were unresolved then. we have just a couple of this morning. >> we're told today now we're going on 11:00, that we still will see today a magic amendment, the amendment to fix everything, that we can just relax and go home. >> reporter: they are adding finishing touches that includes doubling more than -- more agents and giving more high- tech equipment. the deal in
economy is doing better. taking a live look at the big board, the dow is back in positive territory. right now it's up 74. the nasdaq is down 6 and s&p up 7. >>> a breakthrough on immigration reform means a vote could be just three days away. as kyla campbell reports from our washington, d.c. bureau, senate democrats are offering republicans what they've been asking for including beefed-up border security. >> reporter: harry reid believes this border surge will be strong...
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Jun 18, 2013
06/13
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CNNW
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significant not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans there's very little incentive to vote for something. to van's point they're going to get primaried. almost all of them do. the average republican district right now is 75% light. there are nine republicans in the house who represent a majority/minority district. even those who sit in heavy districts have a significant latino population, they're also very republican districts. you have to -- the speaker has to find a way to get those folks to vote against their most immediate incentive, which is to be re-elected. >> fortunately we have republicans who look past their district boundaries and look past it and hopefully there's enough of those. i'm an optimist. >> coming up on "the lead," a new tip for a search in a field for jimmy hof
significant not really so much just for the party but potentially for the health of the country and the economy. so that's where you would put your effort. the bottom line on this, though, i think, ultimately for republicans is where is the incentive? life is not very complicated. no matter what your job is, you have to get something done. for these house republicans there's very little incentive to vote for something. to van's point they're going to get primaried. almost all of them do. the...
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Jun 19, 2013
06/13
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is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very volatile markets. >> let's talk pocketbooks. i want to put up the new cnn/orc poll about what people's personal financial situation is compared to a year ago. 36% say they are better off. 44% say they are worse off. so in the middle of the recovery, what do you make of that? >> it is really interesting. it reflects the incredibly bifurcated nature of the economy we are in. people at the top are doing well. there are jobs for those at the bottom and americans have gotten their balance sheets in order over the last few years. the spending rate has gone up. debt is d
is this a sign of a fragile economy or is it guarded optimism? >> what's amazing is that bernanke essentially said he was going to do nothing right now and yet the markets reacted in the way they did. i think this will be a theme for the next six months. what the fed does is data driven. they are looking at unemployment figures, consumer sentiment, markets, growth figures. every time we have a new bit of data coming out and a new fed announcement. i think you are going to see very, very...
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Jun 19, 2013
06/13
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he wrote that the cbo report, now saying that the numbers for immigration reform is good for the economy, it forces upon us a bill that they're least comfortable occupying. they have to say it's for cultural or ethical reasons not economic. >> i think there is an economic aspect, too. the economic recovery such as it is is not broadly felt in the country. there's a sense out there in republican districts and democratic districts that the pie is not expandsing, that it's shrinking. if you're in a place feeling anxious, the idea that we're going to extend citizenship and benefits to a lot of people, that is an anxiety provoking idea. that's the environment we're in. we're in an environment of economic anxiety and therefore difficult issues like this are particularly hard to sort out. i think that the -- you know, i think there's also a sort of credible republican leadership on this too. who can make the argument of the national political argument that actually filters down into the rank and file? >> right. >> no one's doing it now. >> really good pulling it back. if you look at the polling
he wrote that the cbo report, now saying that the numbers for immigration reform is good for the economy, it forces upon us a bill that they're least comfortable occupying. they have to say it's for cultural or ethical reasons not economic. >> i think there is an economic aspect, too. the economic recovery such as it is is not broadly felt in the country. there's a sense out there in republican districts and democratic districts that the pie is not expandsing, that it's shrinking. if...
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Jun 23, 2013
06/13
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that is the new norm in our economy. the caller is exactly right, you give legal status to 11 million people and you bring in all of these low skilled immigrants in the future, you are going to drive down the wages of the least skilled american workers. many of them are simply leaving to work force entirely, being pushed out by immigration. this bill will make that even worse. increases in income for everybody. in the united states right now, immigrants do not have job opportunities. if this is allowing people to come here and allowing americans to hire the people they want to hire going forward. it is remarkable that we have a supposedly free-market think- tank over your arguing that the government's job is to control the flow of production that american employers want to hire and the american economy demands simply because of some sort of central planning and nostalgic. guest: the government's job is to determine who the citizens of united states will be guarded item that there is anyone who wants to grant citizenship
that is the new norm in our economy. the caller is exactly right, you give legal status to 11 million people and you bring in all of these low skilled immigrants in the future, you are going to drive down the wages of the least skilled american workers. many of them are simply leaving to work force entirely, being pushed out by immigration. this bill will make that even worse. increases in income for everybody. in the united states right now, immigrants do not have job opportunities. if this is...